Identify which section the statement of cash flows (using the indirect method) would present information regardingthe following activities. (Use O for operating, I for investing, or F for financing)
a. Issued common stock
b. Redeemed bonds
c. Issued preferred stock
d. Purchased patents
e. Net income
f. Paid cash dividends
g. Purchased treasury stock
h. Sold long-term investment
i. Sold equipment
j. Purchased buildings
k. Issued bonds
a. F
b. F
c. F
d. I
e. O
f. F
g. F
h. I
i. I
j. I
k. F
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Identify and discuss the five major kinds of drivers that are leading international firms to the globalization of their operations.
What will be an ideal response?
Stocks that pay large cash dividends on a regular basis are called:
A. Small capital stocks. B. Growth stocks. C. Large capital stocks. D. Mid capital stocks. E. Income stocks.
What is one of the big assumptions one makes when projecting revenue for the venture concept?
a. Assuming those who make an initial purchase will continue to be repeat purchasers b. Assuming customers currently satisfied with existing alternatives will switch to your offering c. Assuming those who make an initial purchase will not continue to be repeat purchasers d. None of the above
To which of the following accounts should the balance in the Income Summary account be closed?
A) Dividends B) Net Income C) Retained Earnings D) Service Revenue